The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration among importers and prompting some experts to say the market is in a bubble. Industry experts attribute the bulk of the run-up in off-contract shipping prices to Yemen’s Houthi rebels’ missile and drone attacks that have forced ships to avoid the Suez Canal trade shortcut. This causes shortages, schedule disruptions and delays that drive up costs for sea transport that handles about 80% of international trade volume.
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Nvidia’s $50 Billion Share Buyback Is an Epically Bad Decision That Sends the Wrong Message to Wall Street and Investors
Although share repurchases are known for lifting earnings per share (EPS) and instilling confidence in investors, Nvidia’s decision to announce a hefty buyback program will struggle on both fronts. Source
